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Instamojo Software Developer salaries in India

Annual salary range
1 - 4 years exp.
₹3 Lakhs - ₹11.8 Lakhs
Salary of majority employees
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17% less than the average Software Developer Salary in FinTech Companies for 1 - 4 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Instamojo for Software Developer

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹7.7 L/yr

arrow icon 29% less
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CRED Software Developer Salary

0 - 4 years exp. (28 salaries)

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₹13.7 L/yr - ₹38.1 L/yr

arrow icon 254% more
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Money View Software Developer Salary

0 - 4 years exp. (20 salaries)

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₹11 L/yr - ₹28 L/yr

arrow icon 188% more
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₹4.5 L/yr - ₹14 L/yr

arrow icon 14% more
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Stashfin Software Developer Salary

0 - 6 years exp. (15 salaries)

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₹5.5 L/yr - ₹16 L/yr

arrow icon 56% more
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ZestMoney Software Developer Salary

0 - 3 years exp. (11 salaries)

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₹14 L/yr - ₹22 L/yr

arrow icon 154% more
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Namaste Credit Software Developer Salary

0 - 4 years exp. (11 salaries)

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₹4.1 L/yr - ₹10.2 L/yr

arrow icon 9% more
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Payswiff Solutions Software Developer Salary

1 - 4 years exp. (11 salaries)

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₹3.4 L/yr - ₹8 L/yr

arrow icon 22% less
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EASEBUZZ Software Developer Salary

1 - 4 years exp. (11 salaries)

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₹4.1 L/yr - ₹15.1 L/yr

arrow icon 36% more
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Eduvanz Software Developer Salary

0 - 7 years exp. (10 salaries)

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₹3.9 L/yr - ₹11.3 L/yr

arrow icon 21% more
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OneCard Software Developer Salary

1 - 6 years exp. (10 salaries)

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₹9 L/yr - ₹34 L/yr

arrow icon 186% more
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₹7.3 L/yr - ₹11 L/yr

arrow icon 22% more
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Kissht Finance Software Developer Salary

1 - 6 years exp. (6 salaries)

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₹3.8 L/yr - ₹12.3 L/yr

arrow icon 1% more
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ET Money Software Developer Salary

0 - 2 years exp. (6 salaries)

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₹17 L/yr - ₹18.5 L/yr

arrow icon 147% more
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Affordplan Software Developer Salary

1 - 3 years exp. (5 salaries)

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₹4 L/yr - ₹11.4 L/yr

arrow icon 3% more
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₹7 L/yr - ₹7.5 L/yr

arrow icon 1% less
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EpiFi Software Developer Salary

0 - 1 year exp. (5 salaries)

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₹20 L/yr - ₹27.5 L/yr

arrow icon 209% more
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INDMoney Software Developer Salary

0 - 3 years exp. (5 salaries)

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₹11 L/yr - ₹15 L/yr

arrow icon 76% more
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Drip Capital Software Developer Salary

1 - 3 years exp. (4 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 106% more
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OkCredit Software Developer Salary

5 years exp. (4 salaries)

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₹17 L/yr - ₹75 L/yr

arrow icon 405% more
View all
Software Developer salary at Instamojo ranges between ₹3 Lakhs to ₹11.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Instamojo.

Latest annual salaries shared by Instamojo Software Developer

1y ago
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4 years exp.
1y ago
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1 year exp.
1y ago
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1 year exp.

Experience wise Instamojo Software Developer salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
1 year  (4 salaries)

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₹3 L/yr - ₹9 L/yr
2 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
3 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
4 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.5 L/yr

Similar Designation salaries in Instamojo

Senior Software Developer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹7.4 L/yr - ₹20 L/yr
Web Developer Salary
(4 salaries)
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₹6.5 L/yr - ₹7 L/yr
Software Development Engineer Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
Team Lead Salary
(3 salaries)
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₹4.2 L/yr - ₹7.9 L/yr

Salary related reviews for Instamojo

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 05 Apr 2024

4.0
 for  Salary and Benefits

Likes

When I joined Instamojo there was no micromanagement. And I had the flexibility to experiment and fail. The work life balance is great.

read more
  • Salary - Good
  • +1 more

Dislikes

The micromanagement started happening around a year back and the team morale went down the drain. There’s no trust on the team and job security is not there. Also there’s no information flow from the top management.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Product Management Department

5.0
  •  posted on 10 Dec 2024

4.0
 for  Salary and Benefits

Likes

"Working at Instamojo has been an incredibly rewarding experience for several reasons. First, I truly admire Instamojo's mission to empower small and medium businesses by providing them with seamless digital payment solutions and tools to grow their online presence. Being part of a company that directly impacts entrepreneurs and helps them succeed has been deeply motivating for me. Second, the collaborative and innovative culture at Instamojo has been a significant highlight. The organization fosters a work environment where ideas are welcomed, cross-functional collaboration is encouraged, and there’s a strong focus on problem-solving. For example, during my time there, I collaborated with multiple teams to streamline workflows, implement new features, and enhance the product's usability, which resulted in tangible benefits for our users. Lastly, the opportunity to work on meaningful projects and use data-driven strategies to address real-world challenges has been immensely fulfilling. Instamojo’s focus on innovation has allowed me to grow both professionally and personally, as I’ve been exposed to dynamic challenges that have sharpened my critical thinking and analytical skills. Overall, my time at Instamojo has been about growth, impact, and meaningful contributions to both the company and its customers, which aligns perfectly with my professional values."

read more
  • Salary - Good
  • +4 more

Dislikes

While my experience at Instamojo has been largely positive, one challenge I encountered was related to the fast-paced environment and evolving priorities. At times, it meant shifting focus quickly to address urgent issues, which could delay longer-term projects. For example, there were instances where resource allocation had to pivot to address immediate customer concerns, which slowed down planned feature rollouts.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Apr 2023

3.0
 for  Salary and Benefits

Likes

My manager was a only person who was a good human being else everyone was shit

Dislikes

Everything..!! Hire and fire policy. Would give -100 for job security. Laid off d department in a month after getting hired. Was asked to put resign. Worst as hell

read more
  • Skill development - Bad
  • +5 more

Engineering - Software & QA Department

5.0
  •  posted on 01 Jun 2022

5.0
 for  Salary and Benefits

Likes

It's been a year now and completely satisfied with the company, engineering team, work life balance is quite good and you will get good perks too.

read more
  • Salary - Excellent
  • +6 more

Dislikes

The management could be more better don't have a complete management hierarchy, also HR department changes quite frequently they should look around this also town hall happens once in a year

read more

Other Department

2.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

I had the opportunity to work on good projects.

Dislikes

The work environment is not so good. No work-life balance. No security and safety at the office place. Managers want employees to work on weekends and also on leave which is terrible.

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

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Instamojo Software Developer Salary FAQs

What is the salary of Software Developer at Instamojo ?
The average salary of a Software Developer at Instamojo in India typically ranges from ₹3.0 Lakhs to ₹11.8 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Software Developer at Instamojo earn more than ₹13.1 Lakhs per year, and the top 1% earn over ₹13.6 Lakhs per year. Software Developer Salaries at Instamojo can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Instamojo employees in India.
What is the estimated take home salary of a Software Developer at Instamojo in India?
The estimated take-home salary of a Software Developer at Instamojo in India typically ranges from ₹53,296 to ₹54,623 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.8 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Instamojo. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Instamojo for Software Developer in India?
OkCredit ₹17.0 Lakhs to ₹75.0 Lakhs per year
Uni Cards ₹25.0 Lakhs to ₹40.0 Lakhs per year
CRED ₹13.7 Lakhs to ₹38.1 Lakhs per year
EpiFi ₹20.0 Lakhs to ₹27.5 Lakhs per year
Money View ₹11.0 Lakhs to ₹28.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Instamojo, depending on the role and experience level.
What is the salary of a Software Developer in companies similar to Instamojo in India?
The salary of a Software Developer at companies similar to Instamojo in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

OneCard ₹9.0 Lakhs to ₹34.0 Lakhs per year
ZestMoney ₹14.0 Lakhs to ₹22.0 Lakhs per year
Avail Finance ₹10.0 Lakhs to ₹22.0 Lakhs per year
ET Money ₹17.0 Lakhs to ₹18.5 Lakhs per year
Drip Capital ₹8.0 Lakhs to ₹20.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Software Developer at Instamojo in India?
The salary growth for a Software Developer at Instamojo depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at Instamojo:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹9.0 Lakhs per year
2 years ₹6.3 Lakhs to ₹8.1 Lakhs per year
3 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
4 years ₹6.6 Lakhs to ₹8.5 Lakhs per year
and so on.

Tell us how to improve this page.

Instamojo Software Developer salary in India ranges between ₹3 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Instamojo latest salaries received from various employees of Instamojo.